Naveed Ahmad

Thailand Central Financial institution Audits USDT Amid Grey Cash Crackdown

Thailand Central Financial institution Audits USDT Amid Grey Cash Crackdown

Thailand’s central financial institution is stepping up stablecoin surveillance in an effort to crack down on cash laundering, illicit finance and “grey cash” within the nation. The Financial institution of Thailand is working with the Kingdom’s Securities and Trade Fee to audit high-volume stablecoin transactions, with a deal with USDt (USDT), money transactions and forex…

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MiCA Approval Is Not the End Line for Crypto Custodians

MiCA Approval Is Not the End Line for Crypto Custodians

Getting licensed beneath the European Union’s Markets in Crypto-Belongings Regulation (MiCA) framework is just the start for crypto custodians, as regulators flip their consideration from authorization to operational resilience. The European Securities and Markets Authority (ESMA) on Wednesday launched a Widespread Supervisory Motion (CSA) to look at the operational resilience of crypto asset service suppliers…

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